Business

As, Arcelor gave in to Mittal's offer, the fact that Mittal is an Indian evokes a sense of pride in each Indian's mind.

A V Birla group entered into a definitive agreement to acquire Canada's largest BPO firm Minacs for $125 million.

HLL was unable to turn around Modern Foods because it doesn’t have the experience in distributing perishable goods.

The US government is the latest among a growing group of customers looking to Indian IT firms to manage IT hardware.

Ever since the new SEZ policy was approved in Feb, the govt has already received above 100 applications to set up SEZs.

Indiabulls will issue preference shares worth Rs 6.44 bn to Oberon Ltd a fund managed by US-based Farallon Capital Management.

The markets continue to witness volatile trades on alternate bouts of buying and selling in scrips.

Six companies in six months, that's how many firms Wipro has acquired and it's not through with its shopping yet.

As a part of switch over plan, Reliance may have to vacate part of CDMA spectrum in order to get GSM spectrum.

Falling mkts have scared off equity completely and perhaps investors are thinking over alternatives for secured investments.

Arcelor said Mittal's revised offer does not take into account the company's financial results for 2005 and the first quarter of this year.

Fears of a global liquidity recession are mounting with interest rate hikes being taken up by central banks world over.

A hike in interest rates by banks in domestic and global markets also reduced the lure for the precious metal.

Analysts think that the poison is out of the system and we may have bottomed out at around 9,200 levels.

Income Tax Form 2F will stay and so will Form 2 D which does not seek details of annual expenditure.

Mittal Steel says it has started discussions with Arcelor on its proposed takeover of the Luxemburg-based rival.